Bank of Moscow Finances Norman-Vivat Group of Companies
OREANDA-NEWS. Bank of Moscow's regional office in Perm has granted a loan facility of 1.780 billion RUR to the Norman-Vivat GC. Credit funds will be used for working capital replenishment.
The Norman-Vivat GC is engaged in the development of two retail networks (RN): Vivat RN is a leader among FMCG retail networks in the Perm Territory. The network operates 97 stores of the following formats: hypermarket, supermarket, convenience store. In October 2014, the first supermarket was opened in Yekaterinburg. Norman RN is a federal network of stores specializing in sales of alcoholic beverages. The network operates 256 stores, including: in Perm and the Perm Territory - 106 stores, in St. Petersburg and Leningrad region - 100 stores, in Moscow and Moscow region - 31 stores, in Yekaterinburg - 19 stores.
"We have always strived to build long-term and mutually beneficial relationships with lending institutions. We have been working with the Bank of Moscow since 2009, and year after year, the Bank demonstrates the necessary flexibility in collaboration with us, an exceptional reliability and a high level of service," said Vladimir Panteleev, Financial Director in the Norman-Vivat GC.
"The Bank of Moscow is actively developing the cooperation with enterprises in the regions of the Russian Federation. We understand well the needs of companies operating in the field of trade, and we hope that our proposed product solutions will contribute to the development of the Norman-Vivat Group of Companies", said Evgeny Monin, Director of Corporate Sales Management Department of the Bank of Moscow.
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